June 03, 2023
💱Hong Kong Implements New Licensing Rules For Crypto Exchanges
DeFi Alpha
GM Defiers!
Happy Friday! We start with a look at Hong Kong's new cryptocurrency regulations that have taken effect, aimed at fortifying the region as a hub for fintech and web3. We then delve into the launch of Rocket Pool's rETH liquid staking token on Layer 2 network zkSync Era, a strategic step towards improving accessibility to rETH. Lastly, we turn our attention to the US Commodity Futures Trading Commission reevaluating its risk-management rules.
✍️ In today’s newsletter:
- Hong Kong takes steps towards becoming regional crypto hub
- Rocket Pool expands to zkSync Era
- CFTC looks to revamp risk-management rules for brokers
🎬 WATCH
Watch our video on the newest LSTfi protocols. And check out our podcast with Blake West and Mike Sall, the co-founders of Goldfinch.
